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TaoWeave Unloaded 3,959 TAO Tokens to Fund Operations

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TaoWeave, formerly known as Oblong, has sold 3,959.23 TAO tokens to fund operating expenses and manage liquidity.

The sales, which took place during the first half of 2026, raised $1.172 million and produced a net realized loss of $114,000.

TaoWeave's treasury is concentrated in TAO, holding 23,335.18 tokens worth about $4.709 million at June 30, representing 69.5% of its total assets.

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